Natural Alternatives International (NASDAQ:NAII) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of Natural Alternatives International, Inc. (NASDAQ:NAII) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.92 and traded as low as $2.20. Natural Alternatives International shares last traded at $2.35, with a volume of 35,925 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Natural Alternatives International Stock Down 2.5%

The company has a fifty day moving average of $2.45 and a two-hundred day moving average of $2.91. The company has a market cap of $14.56 million, a PE ratio of -0.97 and a beta of 0.36. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.64.

Natural Alternatives International (NASDAQ:NAII) last posted its quarterly earnings data on Monday, May 18th. The company reported ($0.72) EPS for the quarter. Natural Alternatives International had a negative return on equity of 12.21% and a negative net margin of 10.13%.The firm had revenue of $35.48 million for the quarter.

Hedge Funds Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC raised its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,756 shares of the company’s stock after buying an additional 10,900 shares during the period. Renaissance Technologies LLC owned about 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 32.40% of the company’s stock.

Natural Alternatives International Company Profile

Natural Alternatives International, Inc (NASDAQ: NAII) is a developer and contract manufacturer of nutritional supplements and related health products. Founded in 1980 and headquartered in Carlsbad, California, the company specializes in turnkey solutions for dietary supplement and functional food brands, combining scientific research with large-scale production capabilities.

NAII’s product portfolio spans a wide range of dosage forms, including softgels, tablets, capsules, powders, effervescent drink mixes and chewables.